This will cost money to maintain, cost money to manage leasers, subject you to the will of tenants/leasers should they damage something, should someone get injured, your money will be gone (for now), subject you to the will of the market, interest rates, potential market volatilities.. you will need a lawyer at that amount for sure and a good CPA. 

My lease requires renter's insurance which should cover loss of use if the unit becomes damaged/uninhabitable, but I don't think renters insurance covers costs of living expenses incurred during just an evacuation.

I have video and pictures of all the damages and had sent him the itemized list on 5th day of his move out, which is within 30 days.

Getting a $150/nt on a 4-bed house, then getting $200 damage and having to haggle with Airbnb to get it paid out is just boorish.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If the project is large enough, liquidated damages (LDs) should be considered as well.

Take the toilet out without damaging it, put a sanitary cover over waste hole, put toilet on shower floor.

So much propaganda they only list peer-reviewed medical journals outlining the data and conclusions http://www.dogsbite.org/dog-bite-statistics-biblio...it's not a conspiracy that most insurance companies either do not allow those breeds on properties they insure or the exclude damage done by those "vicious breeds" it's an actual, real and present danger and very applicable to the aspiring and actual professional property manager/investor.

We have had a lot construction work recently and all of the people doing the work are Hispanic, don't speak English, due to hurricane damage. 

I would suspect once investors digest the higher rate environment and some of the hurricane damage is moved inventory will settle out in neutral territory.